taxes Property Tax Assistance

2017 ISD Summary Worksheet

072/Erath

072-910/Morgan Mill ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 13,746,840 .9465 14,523,867 13,746,840
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 416,450 N/A 416,450 416,450
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,357,570 1.4711 3,641,976 5,357,570
D2. Real Prop Farm & Ranch 663,490 N/A 663,490 663,490
E. Real Prop NonQual Acres 64,933,380 .9385 69,188,471 64,933,380
F1. Commercial Real 1,661,220 N/A 1,661,220 1,661,220
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,612,940 N/A 1,612,940 1,612,940
J. Utilities 15,413,350 .8667 17,783,951 15,413,350
L1. Commercial Personal 1,052,670 1.0999 957,060 1,052,670
L2. Industrial Personal 2,000 N/A 2,000 2,000
M. Other Personal 1,007,110 N/A 1,007,110 1,007,110
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,146,260 N/A 1,146,260 1,146,260
S. Special Inventory 0 N/A 0 0
Subtotal 107,013,280 112,604,795 107,013,280
Less Total Deductions 13,274,510   14,558,473 13,274,510
Total Taxable Value 93,738,770 98,046,322 93,738,770 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
96,289,480 93,738,770 96,289,480 93,738,770


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,550,710 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10
96,289,480 93,738,770 96,289,480 93,738,770

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified